Get more Tips here! www.destinationtips.com
Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair share of celebrities) have all been exposed for hiding money in offshore accounts.
Here is a list of the top 10 Biggest Tax Havens in the World.
(Ranking is based on a combination of its secrecy score and scale weighting)
#10 United Arab Emirates
One of the world’s best known tax havens or secrecy jurisdictions.It has a low-tax environment and a complex array of free trade zones with multiple secrecy facilities and lax enforcement.
A large slice of the inbound money comes in the form gold.
SecrecyScore: 77%
Tax HavenStatus: Tiny
#9 Bahrain
An island of hospitality to banks and businesses and also one of the biggest global centers for Islamic finance. There is no corporate income tax, personal income tax or capital gains tax. Bahrain also has a wide network of tax treaties with a number of developing countries.
Secrecy Score: 74%
Tax Haven Status: Small
#8 Germany
Between $2.81 to $3.38 trillion of tax exempt interest-bearing assets held by non-residents as of August 2013. Germany does not sufficiently exchange tax-related information with a multitude of other jurisdictions and despite recent progress with its anti-money laundering framework, major loopholes and many implementation deficits still exist
Secrecy Score: 56%
Tax Haven Status: Huge but Shifty
#7 Lebanon
Many members of the population are high-net worth individuals. Beirut’s offshore financial services sector has been growing at an average of nearly 12 percent per year since 2006. Lebanon’s political and military troubles over recent decades have disrupted the offshore financial sector, but it has proved astonishingly resilient.
Secrecy Score: 79%
Tax Haven Status: Small and Secure
#6 Luxembourg
The most important private banking and wealth management center in the Eurozone.
It has 143 banks holding almost $800 billion in assets, over $300 billion of which are in the secretive private banking sector and is a center of lax financial regulation and is still one of the world’s most important financial centers.
Breaking professional secrecy can result in a prison sentence
Secrecy Score: 55%
Tax Haven Status: Huge
#5 The Cayman Islands
Banking assets worth $1.4 trillion in June 2014.
Hoststing over 11,000 mutual and other funds with a net asset value of $2.1 trillion.
It has 200 banks, over 140 trust companies and over 95,000 registered companies and retains many secrecy features plus laws that can put people in jail not only for exposing confidential information, but merely for asking for it.
Secrecy Score: 65%
Tax Haven Status: Aggressively Protective
#4 SingaporeA major wealth management center, with $1.4 trillion in assets under management in 2013.
In 2014 it become Asia’s largest foreign exchange trading center.
It hosts a lack of serious reforms to its corporate secrecy regime and a lack of interest in creating public registries of beneficial ownership.
Secrecy Score: 69%
Tax Haven Status: Intentionally Blind?
#3 USAThe U.S. has led the charge in combating international tax evasion using offshore financial accounts. However, the U.S. also provides a multitude of secrecy and tax-free facilities for non U.S. residents
It's one of the few places left where advisers are actively promoting accounts that will remain secret from overseas authorities.
Secrecy Score: 60%
Tax Haven Status: Ironic
#2 Hong Kong
Hong Kong has the second largest stock exchange in Asia after Tokyo with $2.1 trillion under management in April 2015 and over $350 billion in private banking assets.
China’s control over Hong Kong has shielded it from global transparency initiatives.
It also has not signed the multilateral agreement to initiate automatic information exchange via the CRS.
Secrecy Score: 72%
Tax Haven Status: See-No-Evil
#1 Switzerland
Switzerland is the grandfather of the world’s tax havens, known to have introduced Banking Secrecy Laws as far back as 1934
However, in 2010, the US enacted the Foreign Account Tax Compliance Act and the Swiss government was ultimately forced to bow to US pressure
In 2013, the US government signed a tax treaty that calls for Swiss banks to provide details on their American account holders
Secrecy Score: 73%
Tax Haven Status: BOSS

published:26 Apr 2016

views:48990

A former client of the accounting giant KPMG says a tax dodge that involved wealthy people gifting their money to an offshore jurisdiction was a 'facade' designed to hide money from the taxman
Click here for the full story: http://www.cbc.ca/1.4006469
»»» Subscribe to The National to watch more videos here: https://www.youtube.com/user/CBCTheNational?sub_confirmation=1
Voice Your Opinion & Connect With Us Online:
The National Updates on Facebook: https://www.facebook.com/thenational
The National Updates on Twitter: https://twitter.com/CBCTheNational
The National Updates on Google+: https://plus.google.com/+CBCTheNational
»»» »»» »»» »»» »»»
The National is CBC Television's flagship news program. Airing seven days a week, the show delivers news, feature documentaries and analysis from some of Canada's leading journalists.

published:04 Mar 2017

views:2870

Subscribe to our channel http://bit.ly/AJSubscribe
A new report has now revealed that some of the world's richest people have more than $30 trillion stashed in offshore assets, having exploited gaps in cross-border tax rules to move money overseas. Research commissioned by the campaign group Tax Justice Network says the value is as much as the gross domestic products of the US and Japan combined. Should tax havens be allowed to exist? Guests: Jean-Pierre Diserens, Myret Zaki, Sony Kapoor.
At Al Jazeera English, we focus on people and events that affect people's lives. We bring topics to light that often go under-reported, listening to all sides of the story and giving a 'voice to the voiceless.'
Reaching more than 270 million households in over 140 countries across the globe, our viewers trust Al Jazeera English to keep them informed, inspired, and entertained.
Our impartial, fact-based reporting wins worldwide praise and respect. It is our unique brand of journalism that the world has come to rely on.
We are reshaping global media and constantly working to strengthen our reputation as one of the world's most respected news and current affairs channels.
Social Media links:
Facebook: https://www.facebook.com/aljazeera
Instagram: https://instagram.com/aljazeera/?ref=...
Twitter: https://twitter.com/ajenglish
Website: http://www.aljazeera.com/
google+: https://plus.google.com/+aljazeera/posts

Three of the world's most-recognised brands - Starbucks, Google and Amazon - are under fire in the UK for depriving Britain of millions of pounds through elaborate tax avoidance schemes - READ FULL STORY http://on.rt.com/slvu8s
The tricks have caused public outrage, and one action group has even come up with an unconventional plan to highlight what's been dubbed the companies 'immoral' tactics.
RT LIVE http://rt.com/on-air
Subscribe to RT! http://www.youtube.com/subscription_center?add_user=RussiaToday
Like us on Facebook http://www.facebook.com/RTnews
Follow us on Twitter http://twitter.com/RT_com
Follow us on Google+ http://plus.google.com/+RT
RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 500 million YouTube views benchmark.

https://democracynow.org - Examining the ParadisePapers, The Guardian reports seven Republican super-donors mentioned in the papers stored some of their fortunes offshore, beyond the reach of public scrutiny and tax authorities. Together, the billionaires pumped more than $350 million into the 2016 election. Some are well-known backers of conservative causes, like casino magnate Sheldon Adelson and Charles and David Koch. Another investigation focuses on Democratic donor James Simons, who spent $11 million to back Hillary Clinton’s 2016 presidential campaign. Simons is the founder of Renaissance Technologies, the world’s most profitable hedge fund. Leaked records show he kept much of his $8 billion fortune in an offshore private wealth fund in Bermuda in order to avoid “particularly severe” taxes that would be triggered if he tried to bring the funds onshore. We speak with Jon Swaine, senior reporter for The Guardian.
Democracy Now! is an independent global news hour that airs weekdays on nearly 1,400 TV and radio stations Monday through Friday. Watch our livestream 8-9AM ET: https://democracynow.org
Please consider supporting independent media by making a donation to Democracy Now! today: https://democracynow.org/donate
FOLLOW DEMOCRACY NOW! ONLINE:
Facebook: http://facebook.com/democracynow
Twitter: https://twitter.com/democracynow
YouTube: http://youtube.com/democracynow
SoundCloud: http://soundcloud.com/democracynow
DailyEmail: https://democracynow.org/subscribe
Google+: https://plus.google.com/+DemocracyNow
Instagram: http://instagram.com/democracynow
Tumblr: http://democracynow.tumblr.com
Pinterest: http://pinterest.com/democracynow
iTunes: https://itunes.apple.com/podcast/democracy-now!-audio/id73802554
TuneIn: https://tunein.com/radio/Democracy-Now-p90
Stitcher Radio: https://www.stitcher.com/podcast/democracy-now

published:08 Nov 2017

views:11196

Join us for our August Fuqua Faculty Conversation with Scott Dyreng, Associate Professor of Accounting as he presents:
Corporate Tax Avoidance: How it happens, how it is changing, and what to do about it
In this session, we will talk about:
- How much tax do U.S. corporations pay
- Common misconceptions about corporate tax avoidance
- How corporate tax avoidance has changed since the mid 1980s
- What can be changed to make our corporate tax system more efficient
Our live online session with Professor Dyreng will take place on Wednesday, August 19, 2015 at 11:00 a.m. ET.
Send your questions to conversations@fuqua.duke.edu or tweet them during the live session using #fuquaalumni

published:13 Aug 2015

views:47724

To see the rest of this 4 part video series visit this page: http://www.assetprotectiontraining.com/op/insiders-asset-protection-guide?ls=1384
After 30 years of setting up asset protection plans, this is what I consider the perfect offshore asset protection plan. This combines an Offshore trust with an LLC and an optional offshore bank account.

published:30 Mar 2013

views:66139

Tax officials allege the accounting giant crafted an offshore scheme to let rich Canadians avoid tax. We investigate how it works and why it's being kept under wraps.
Click here for the full story: http://www.cbc.ca/1.3234876
»»» Subscribe to The National to watch more videos here: https://www.youtube.com/user/CBCTheNational?sub_confirmation=1
Voice Your Opinion & Connect With Us Online:
The National Updates on Facebook: https://www.facebook.com/thenational
The National Updates on Twitter: https://twitter.com/CBCTheNational
The National Updates on Google+: https://plus.google.com/+CBCTheNational
»»» »»» »»» »»» »»»
The National is CBC Television's flagship news program. Airing seven days a week, the show delivers news, feature documentaries and analysis from some of Canada's leading journalists.

Founded by Berninger, Scott and Bryan Devendorf, and Aaron Dessner, The National released their self-titled debut album, The National (2001), on Brassland Records, an independent record label founded by Dessner and his twin brother, Bryce. Bryce Dessner, who had assisted in recording the album, soon joined as a full member, participating in the recording of its follow-up, Sad Songs for Dirty Lovers (2003).

Leaving behind their day jobs, The National signed with Beggars Banquet Records and released their third studio album, Alligator (2005), to widespread critical acclaim. The band's fourth and fifth studio albums, Boxer (2007) and High Violet (2010), increased their exposure significantly. In 2013, the band released its sixth studio album, Trouble Will Find Me. It was nominated in the 2014 Grammys for Best Alternative Album.

In a theological context, world usually refers to the material or the profane sphere, as opposed to the celestial, spiritual, transcendent or sacred. The "end of the world" refers to scenarios of the final end of human history, often in religious contexts.

.hack

.hack (pronounced "dot-hack") is a Japanese multimedia franchise that encompasses two projects; Project .hack and .hack Conglomerate. Both projects were primarily created/developed by CyberConnect2, and published by Bandai. The series is mainly followed through the anime and video game installations, and has been adapted through manga, novels and other related media.

Games

.hack, a series of four PlayStation 2 games that follow the story of the .hackers, Kite and BlackRose, and their attempts to find out what caused the sudden coma of Kite's friend, Orca, and BlackRose's brother, Kazu. The four volumes, in sequence, are .hack//Infection, .hack//Mutation, .hack//Outbreak, and .hack//Quarantine.

Top 10 Offshore Tax Havens You Can Still Stash Your Cash

Get more Tips here! www.destinationtips.com
Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair share of celebrities) have all been exposed for hiding money in offshore accounts.
Here is a list of the top 10 Biggest Tax Havens in the World.
(Ranking is based on a combination of its secrecy score and scale weighting)
#10 United Arab Emirates
One of the world’s best known tax havens or secrecy jurisdictions.It has a low-tax environment and a complex array of free trade zones with multiple secrecy facilities and lax enforcement.
A large slice of the inbound money comes in the form gold.
SecrecyScore: 77%
Tax HavenStatus: Tiny
#9 Bahrain
An island of hospitality to banks and businesses and also one of the biggest global centers for Islamic finance. There is no corporate income tax, personal income tax or capital gains tax. Bahrain also has a wide network of tax treaties with a number of developing countries.
Secrecy Score: 74%
Tax Haven Status: Small
#8 Germany
Between $2.81 to $3.38 trillion of tax exempt interest-bearing assets held by non-residents as of August 2013. Germany does not sufficiently exchange tax-related information with a multitude of other jurisdictions and despite recent progress with its anti-money laundering framework, major loopholes and many implementation deficits still exist
Secrecy Score: 56%
Tax Haven Status: Huge but Shifty
#7 Lebanon
Many members of the population are high-net worth individuals. Beirut’s offshore financial services sector has been growing at an average of nearly 12 percent per year since 2006. Lebanon’s political and military troubles over recent decades have disrupted the offshore financial sector, but it has proved astonishingly resilient.
Secrecy Score: 79%
Tax Haven Status: Small and Secure
#6 Luxembourg
The most important private banking and wealth management center in the Eurozone.
It has 143 banks holding almost $800 billion in assets, over $300 billion of which are in the secretive private banking sector and is a center of lax financial regulation and is still one of the world’s most important financial centers.
Breaking professional secrecy can result in a prison sentence
Secrecy Score: 55%
Tax Haven Status: Huge
#5 The Cayman Islands
Banking assets worth $1.4 trillion in June 2014.
Hoststing over 11,000 mutual and other funds with a net asset value of $2.1 trillion.
It has 200 banks, over 140 trust companies and over 95,000 registered companies and retains many secrecy features plus laws that can put people in jail not only for exposing confidential information, but merely for asking for it.
Secrecy Score: 65%
Tax Haven Status: Aggressively Protective
#4 SingaporeA major wealth management center, with $1.4 trillion in assets under management in 2013.
In 2014 it become Asia’s largest foreign exchange trading center.
It hosts a lack of serious reforms to its corporate secrecy regime and a lack of interest in creating public registries of beneficial ownership.
Secrecy Score: 69%
Tax Haven Status: Intentionally Blind?
#3 USAThe U.S. has led the charge in combating international tax evasion using offshore financial accounts. However, the U.S. also provides a multitude of secrecy and tax-free facilities for non U.S. residents
It's one of the few places left where advisers are actively promoting accounts that will remain secret from overseas authorities.
Secrecy Score: 60%
Tax Haven Status: Ironic
#2 Hong Kong
Hong Kong has the second largest stock exchange in Asia after Tokyo with $2.1 trillion under management in April 2015 and over $350 billion in private banking assets.
China’s control over Hong Kong has shielded it from global transparency initiatives.
It also has not signed the multilateral agreement to initiate automatic information exchange via the CRS.
Secrecy Score: 72%
Tax Haven Status: See-No-Evil
#1 Switzerland
Switzerland is the grandfather of the world’s tax havens, known to have introduced Banking Secrecy Laws as far back as 1934
However, in 2010, the US enacted the Foreign Account Tax Compliance Act and the Swiss government was ultimately forced to bow to US pressure
In 2013, the US government signed a tax treaty that calls for Swiss banks to provide details on their American account holders
Secrecy Score: 73%
Tax Haven Status: BOSS

3:11

KPMG offshore tax dodge

KPMG offshore tax dodge

KPMG offshore tax dodge

A former client of the accounting giant KPMG says a tax dodge that involved wealthy people gifting their money to an offshore jurisdiction was a 'facade' designed to hide money from the taxman
Click here for the full story: http://www.cbc.ca/1.4006469
»»» Subscribe to The National to watch more videos here: https://www.youtube.com/user/CBCTheNational?sub_confirmation=1
Voice Your Opinion & Connect With Us Online:
The National Updates on Facebook: https://www.facebook.com/thenational
The National Updates on Twitter: https://twitter.com/CBCTheNational
The National Updates on Google+: https://plus.google.com/+CBCTheNational
»»» »»» »»» »»» »»»
The National is CBC Television's flagship news program. Airing seven days a week, the show delivers news, feature documentaries and analysis from some of Canada's leading journalists.

25:05

Inside Story - Taking on the tax havens

Inside Story - Taking on the tax havens

Inside Story - Taking on the tax havens

Subscribe to our channel http://bit.ly/AJSubscribe
A new report has now revealed that some of the world's richest people have more than $30 trillion stashed in offshore assets, having exploited gaps in cross-border tax rules to move money overseas. Research commissioned by the campaign group Tax Justice Network says the value is as much as the gross domestic products of the US and Japan combined. Should tax havens be allowed to exist? Guests: Jean-Pierre Diserens, Myret Zaki, Sony Kapoor.
At Al Jazeera English, we focus on people and events that affect people's lives. We bring topics to light that often go under-reported, listening to all sides of the story and giving a 'voice to the voiceless.'
Reaching more than 270 million households in over 140 countries across the globe, our viewers trust Al Jazeera English to keep them informed, inspired, and entertained.
Our impartial, fact-based reporting wins worldwide praise and respect. It is our unique brand of journalism that the world has come to rely on.
We are reshaping global media and constantly working to strengthen our reputation as one of the world's most respected news and current affairs channels.
Social Media links:
Facebook: https://www.facebook.com/aljazeera
Instagram: https://instagram.com/aljazeera/?ref=...
Twitter: https://twitter.com/ajenglish
Website: http://www.aljazeera.com/
google+: https://plus.google.com/+aljazeera/posts

'Immoral' Big Biz: Starbucks, Google, Amazon tax-scams exposed in UK

Three of the world's most-recognised brands - Starbucks, Google and Amazon - are under fire in the UK for depriving Britain of millions of pounds through elaborate tax avoidance schemes - READ FULL STORY http://on.rt.com/slvu8s
The tricks have caused public outrage, and one action group has even come up with an unconventional plan to highlight what's been dubbed the companies 'immoral' tactics.
RT LIVE http://rt.com/on-air
Subscribe to RT! http://www.youtube.com/subscription_center?add_user=RussiaToday
Like us on Facebook http://www.facebook.com/RTnews
Follow us on Twitter http://twitter.com/RT_com
Follow us on Google+ http://plus.google.com/+RT
RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 500 million YouTube views benchmark.

https://democracynow.org - Examining the ParadisePapers, The Guardian reports seven Republican super-donors mentioned in the papers stored some of their fortunes offshore, beyond the reach of public scrutiny and tax authorities. Together, the billionaires pumped more than $350 million into the 2016 election. Some are well-known backers of conservative causes, like casino magnate Sheldon Adelson and Charles and David Koch. Another investigation focuses on Democratic donor James Simons, who spent $11 million to back Hillary Clinton’s 2016 presidential campaign. Simons is the founder of Renaissance Technologies, the world’s most profitable hedge fund. Leaked records show he kept much of his $8 billion fortune in an offshore private wealth fund in Bermuda in order to avoid “particularly severe” taxes that would be triggered if he tried to bring the funds onshore. We speak with Jon Swaine, senior reporter for The Guardian.
Democracy Now! is an independent global news hour that airs weekdays on nearly 1,400 TV and radio stations Monday through Friday. Watch our livestream 8-9AM ET: https://democracynow.org
Please consider supporting independent media by making a donation to Democracy Now! today: https://democracynow.org/donate
FOLLOW DEMOCRACY NOW! ONLINE:
Facebook: http://facebook.com/democracynow
Twitter: https://twitter.com/democracynow
YouTube: http://youtube.com/democracynow
SoundCloud: http://soundcloud.com/democracynow
DailyEmail: https://democracynow.org/subscribe
Google+: https://plus.google.com/+DemocracyNow
Instagram: http://instagram.com/democracynow
Tumblr: http://democracynow.tumblr.com
Pinterest: http://pinterest.com/democracynow
iTunes: https://itunes.apple.com/podcast/democracy-now!-audio/id73802554
TuneIn: https://tunein.com/radio/Democracy-Now-p90
Stitcher Radio: https://www.stitcher.com/podcast/democracy-now

10:15

Corporate Tax Avoidance: How it happens, how it is changing, and what to do about it

Corporate Tax Avoidance: How it happens, how it is changing, and what to do about it

Corporate Tax Avoidance: How it happens, how it is changing, and what to do about it

Join us for our August Fuqua Faculty Conversation with Scott Dyreng, Associate Professor of Accounting as he presents:
Corporate Tax Avoidance: How it happens, how it is changing, and what to do about it
In this session, we will talk about:
- How much tax do U.S. corporations pay
- Common misconceptions about corporate tax avoidance
- How corporate tax avoidance has changed since the mid 1980s
- What can be changed to make our corporate tax system more efficient
Our live online session with Professor Dyreng will take place on Wednesday, August 19, 2015 at 11:00 a.m. ET.
Send your questions to conversations@fuqua.duke.edu or tweet them during the live session using #fuquaalumni

To see the rest of this 4 part video series visit this page: http://www.assetprotectiontraining.com/op/insiders-asset-protection-guide?ls=1384
After 30 years of setting up asset protection plans, this is what I consider the perfect offshore asset protection plan. This combines an Offshore trust with an LLC and an optional offshore bank account.

18:04

KPMG allegedly involved in offshore tax "sham"

KPMG allegedly involved in offshore tax "sham"

KPMG allegedly involved in offshore tax "sham"

Tax officials allege the accounting giant crafted an offshore scheme to let rich Canadians avoid tax. We investigate how it works and why it's being kept under wraps.
Click here for the full story: http://www.cbc.ca/1.3234876
»»» Subscribe to The National to watch more videos here: https://www.youtube.com/user/CBCTheNational?sub_confirmation=1
Voice Your Opinion & Connect With Us Online:
The National Updates on Facebook: https://www.facebook.com/thenational
The National Updates on Twitter: https://twitter.com/CBCTheNational
The National Updates on Google+: https://plus.google.com/+CBCTheNational
»»» »»» »»» »»» »»»
The National is CBC Television's flagship news program. Airing seven days a week, the show delivers news, feature documentaries and analysis from some of Canada's leading journalists.

6:18

Top 10 Best Tax Havens Countries In The World 🌐

Top 10 Best Tax Havens Countries In The World 🌐

Top 10 Best Tax Havens Countries In The World 🌐

You AreWatching: Top 10 Best Tax Havens Countries In The World in 2018 - 2019
The world of offshore accounts, shell companies and tax havens extends far beyond the fictional legal thrillers you see on the silver screen. Offshore tax havens — countries or territories where taxes are assessed at a low or nonexistent rate — are very much a reality, and U.S.-based multinational corporations play a starring role in the real-life drama.
According to a 2016 report by Citizens for Tax Justice, 367 companies in the Fortune 500 operate subsidiaries in tax-haven nations around the globe.
Just like major corporations, individuals can take advantage of the web of financial loopholes and legislation that foreign countries offer. Click through to discover 12 of these tax havens, which might help you pay less on your tax bill this year or at some point in the future.
Top 10 Best Tax Havens Countries In The World 🗺
********************************************************
Don't Forget To Subscribe Our Channel (Top 10 list)
https://www.youtube.com/channel/UCRA3n9pJoAlWofKxIiKr6qQ
Join Top 10 list on Facebook
https://www.facebook.com/top10listworldwide
Join Top 10 list on Google+
https://plus.google.com/b/110127738955939979865/110127738955939979865?pageId=110127738955939979865
Join Top 10 list on Twitter
https://twitter.com/top10listworld
*********************************************************
Recommended To Watch:
Top 10 HighestPaidIndian TV SerialActors in 2017-18
https://www.youtube.com/watch?v=NdqPLelEuGk
Top 10 Most BeautifulHotBollywoodActresses 2017-18
https://www.youtube.com/watch?v=1LO9QcH5VEs
Top 10 Highest Paid Successful TV Actresses In Bollywood India 2017-18
https://www.youtube.com/watch?v=v4agMb3UbIg
Top 10 Biggest Countries In The World | Largest Countries Ever
https://www.youtube.com/watch?v=BfFsDtkHUJQ
Top 10 Fastest Aircraft in the World 2017 - Fastest Jets In The World
https://www.youtube.com/watch?v=0wJlYROl8cs
Top 10 Most ExpensiveApartments In The World
https://www.youtube.com/watch?v=IRN66kAc-xU
*********************************************************
Hope you enjoy this video - Top 10 Best Tax Havens Countries In The World 🗺
Plz Like and share Don't forget to Subscribe our channel to Learn something new Everyday

4:13

Tax Break Rewards Companies For Hiding Money In Offshore Accounts

Tax Break Rewards Companies For Hiding Money In Offshore Accounts

Tax Break Rewards Companies For Hiding Money In Offshore Accounts

The new tax law the Republicans had been praising is actually rewarding companies for hiding their money overseas. Ring of Fire's Mike Papantonio and Farron Cousins discusses this issue.
Become a member today!: https://www.youtube.com/channel/UCYWIEbibRcZav6xMLo9qWWw/join
Support us by becoming a monthly patron on Patreon, and help keep progressive media alive!: https://www.patreon.com/TheRingofFire
Spread the word! LIKE and SHARE this video or leave a comment to help direct attention to the stories that matter. And SUBSCRIBE to stay connected with Ring of Fire's video content!
Support Ring of Fire by subscribing to our YouTube channel: https://www.youtube.com/theringoffire
Be sociable! Follow us on:
Facebook: http://www.facebook.com/RingofFireRadio
Twitter: http://www.twitter.com/RingofFireRadio
Google+: http://plus.google.com/118415831573195648557
Instagram: https://www.instagram.com/ringoffirenetwork/
Follow more of our stories at http://www.TROFIRE.com
Subscribe to our podcast: http://www.ROFPodcast.com
*This transcript was generated by a third-party transcription software company, so please excuse any typos.
The new tax law the Republicans had been praising is actually rewarding companies for hiding their money overseas. I mean, I don't have that. That's exactly what it is. We're going to give you a break. We want you to take the money. All that money that you made because of the tax breaks that you were. You said you were going to share with employees. You said you were going to spread the wealth. Well, no, they didn't spread the wealth. What they want to do is hide it overseas now and I can't make this up there. They're following this and here's why. Here's what they're finding. They're finding first of all, that the companies that are that are, we're arguing, give us a tax break and it's going to trickle down. The first thing you're doing is they're buying back their own stock. Okay? That's. That's number one.
Number two is they're giving their ceos more money. They're giving management more money. This is exactly the and number three. Then they hide what they have left offshore, overseas. Then this is how it goes. They come back to the government and they say they negotiate. Look, you know I was $40,000,000,000 as we speak, about $40,000,000,000 we know is overseas. Worth of tax revenue. Yeah, that's all we know of this point. Forty billion. Okay, so 40 billions overseas being hidden in Ireland or the Bahamas, somewhere. Somewhere out in and hide your money land. Okay, so in hide your money land there. They then say they say to the government will bring it back in if you get. If you let us bring it in by paying two percent taxes on it. They basically just, it. It's extortion. First of all, they're breaking the law most of the time if you really followed it, there'd be ways to show they're breaking the law, but when it comes back in, they negotiated with the government, say, you know, give us a break and we'll bring it back.
And just basically holding the US government hostage. Right? And we've seen it too many times in recent years during Bush and Obama though, do these tax holiday where you can bring it back right now. You're not going to pay any money on it. Just bring it back to the United States. So one of the big selling points that they use to sell this tax break was we've got companies hiding so much money offshore, which is true, but if we lower taxes, they're going to bring it all back. And no, because lower taxes is not what corporations want. No tax is what corporations wants. But these idiots who wrote this bill actually wrote this in there. Right now if you hide your money offshore and bring it back or, or excuse me, before the bill, it was 22 percent. You paid on it. They lowered it from 22 percent to 9 percent.
So they have actually given more incentive for these companies like Abbvie, uh, that was just exposed in this Reuters report. What they do is their headquarters is here in the United States. They're the ones, by the way, they make testosterone that's killing men all over the country. So they're based out of Chicago. They do all their work out of Chicago, but they actually claimed their, their headquarter is down in the Bahamas. So that's where all the profits go. All the money goes to the Bahamas, so none of it is technically US income, even though all the businesses here, so now when they bring it back, instead of paying 22 percent, they don't get to pay 9 percent. And because of the way the crazy business laws work, they can show we didn't make a profit in the United States. We made a loss. It actually shows as a loss and they get to take a tax break on top, on top of the only having to pay 9 percent.

Top 10 Offshore Tax Havens You Can Still Stash Your Cash

Get more Tips here! www.destinationtips.com
Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair share of celebrities) have all been exposed for hiding money in offshore accounts.
Here is a list of the top 10 Biggest Tax Havens in the World.
(Ranking is based on a combination of its secrecy score and scale weighting)
#10 United Arab Emirates
One of the world’s best known tax havens or secrecy jurisdictions.It has a low-tax environment and a complex array of free trade zones with multiple secrecy facilities and lax enforcement.
A large slice of the inbound money comes in the form gold.
SecrecyScore: 77%
Tax HavenStatus: Tiny
#9 Bahrain
An island of hospitality to banks and businesse...

published: 26 Apr 2016

KPMG offshore tax dodge

A former client of the accounting giant KPMG says a tax dodge that involved wealthy people gifting their money to an offshore jurisdiction was a 'facade' designed to hide money from the taxman
Click here for the full story: http://www.cbc.ca/1.4006469
»»» Subscribe to The National to watch more videos here: https://www.youtube.com/user/CBCTheNational?sub_confirmation=1
Voice Your Opinion & Connect With Us Online:
The National Updates on Facebook: https://www.facebook.com/thenational
The National Updates on Twitter: https://twitter.com/CBCTheNational
The National Updates on Google+: https://plus.google.com/+CBCTheNational
»»» »»» »»» »»» »»»
The National is CBC Television's flagship news program. Airing seven days a week, the show delivers news, feature documentaries and analysis ...

published: 04 Mar 2017

Inside Story - Taking on the tax havens

Subscribe to our channel http://bit.ly/AJSubscribe
A new report has now revealed that some of the world's richest people have more than $30 trillion stashed in offshore assets, having exploited gaps in cross-border tax rules to move money overseas. Research commissioned by the campaign group Tax Justice Network says the value is as much as the gross domestic products of the US and Japan combined. Should tax havens be allowed to exist? Guests: Jean-Pierre Diserens, Myret Zaki, Sony Kapoor.
At Al Jazeera English, we focus on people and events that affect people's lives. We bring topics to light that often go under-reported, listening to all sides of the story and giving a 'voice to the voiceless.'
Reaching more than 270 million households in over 140 countries across the globe, our viewers...

published: 24 Jul 2012

How Tech Companies Avoid Taxes Explained with Magic | Data Attack

Publicly tradedU.S. tech companies have stashed as much as $530 billion in offshore tax havens. How’d they do it? Find out what magic tricks companies like Google, Apple, and Microsoft have up their sleeves.
SUBSCRIBE for more videos: http://wrd.cm/15fP7B7
Still haven’t subscribed to WIRED on YouTube? ►► http://wrd.cm/15fP7B7
CONNECT WITH WIRED
Web: http://wired.com
Twitter: https://twitter.com/WIRED
Facebook: https://facebook.com/WIRED
Pinterest: https://pinterest.com/wired
Google+: https://plus.google.com/+WIRED
Instagram: http://instagram.com/WIRED
Tumblr: http://WIRED.tumblr.com
Want even more? Subscribe to The Scene: http://bit.ly/subthescene
How Tech Companies Avoid Taxes Explained with Magic | DataAttack
Produced by Kornhaber BrownMagician: Jordi Mago...

published: 15 Apr 2015

'Immoral' Big Biz: Starbucks, Google, Amazon tax-scams exposed in UK

Three of the world's most-recognised brands - Starbucks, Google and Amazon - are under fire in the UK for depriving Britain of millions of pounds through elaborate tax avoidance schemes - READ FULL STORY http://on.rt.com/slvu8s
The tricks have caused public outrage, and one action group has even come up with an unconventional plan to highlight what's been dubbed the companies 'immoral' tactics.
RT LIVE http://rt.com/on-air
Subscribe to RT! http://www.youtube.com/subscription_center?add_user=RussiaToday
Like us on Facebook http://www.facebook.com/RTnews
Follow us on Twitter http://twitter.com/RT_com
Follow us on Google+ http://plus.google.com/+RT
RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 500 mil...

published: 13 Nov 2012

The Tax Free Tour - VPRO documentary - 2013

"Where do multinationals pay taxes and how much?" Gaining insight from international tax experts, Backlight takes a look at tax havens, the people who live there and the routes along which tax is avoided globally. Those routes go by resounding names like 'Cayman Special', 'Double Irish', and 'Dutch Sandwich'.
A financial world operates in the shadows surrounded by a high level of secrecy. A place where sizeable capital streams travel the world at the speed of light and avoid paying tax. The Tax Free Tour is an economic thriller mapping the systemic risk for governments and citizens alike. Is this the price we have to pay for globalised capitalism? At the same time, the free online game "Taxodus" by Femke Herregraven is launched. In the game, the player can select the profile of a multina...

published: 25 Mar 2013

Major Banks Help Clients Hide Trillions in Offshore Tax Havens

James Henry: US media and politicians mostly ignore massive untaxed wealth that big banks help rich move to tax havens

https://democracynow.org - Examining the ParadisePapers, The Guardian reports seven Republican super-donors mentioned in the papers stored some of their fortunes offshore, beyond the reach of public scrutiny and tax authorities. Together, the billionaires pumped more than $350 million into the 2016 election. Some are well-known backers of conservative causes, like casino magnate Sheldon Adelson and Charles and David Koch. Another investigation focuses on Democratic donor James Simons, who spent $11 million to back Hillary Clinton’s 2016 presidential campaign. Simons is the founder of Renaissance Technologies, the world’s most profitable hedge fund. Leaked records show he kept much of his $8 billion fortune in an offshore private wealth fund in Bermuda in order to avoid “particularly sever...

published: 08 Nov 2017

Corporate Tax Avoidance: How it happens, how it is changing, and what to do about it

Join us for our August Fuqua Faculty Conversation with Scott Dyreng, Associate Professor of Accounting as he presents:
Corporate Tax Avoidance: How it happens, how it is changing, and what to do about it
In this session, we will talk about:
- How much tax do U.S. corporations pay
- Common misconceptions about corporate tax avoidance
- How corporate tax avoidance has changed since the mid 1980s
- What can be changed to make our corporate tax system more efficient
Our live online session with Professor Dyreng will take place on Wednesday, August 19, 2015 at 11:00 a.m. ET.
Send your questions to conversations@fuqua.duke.edu or tweet them during the live session using #fuquaalumni

To see the rest of this 4 part video series visit this page: http://www.assetprotectiontraining.com/op/insiders-asset-protection-guide?ls=1384
After 30 years of setting up asset protection plans, this is what I consider the perfect offshore asset protection plan. This combines an Offshore trust with an LLC and an optional offshore bank account.

published: 30 Mar 2013

KPMG allegedly involved in offshore tax "sham"

Tax officials allege the accounting giant crafted an offshore scheme to let rich Canadians avoid tax. We investigate how it works and why it's being kept under wraps.
Click here for the full story: http://www.cbc.ca/1.3234876
»»» Subscribe to The National to watch more videos here: https://www.youtube.com/user/CBCTheNational?sub_confirmation=1
Voice Your Opinion & Connect With Us Online:
The National Updates on Facebook: https://www.facebook.com/thenational
The National Updates on Twitter: https://twitter.com/CBCTheNational
The National Updates on Google+: https://plus.google.com/+CBCTheNational
»»» »»» »»» »»» »»»
The National is CBC Television's flagship news program. Airing seven days a week, the show delivers news, feature documentaries and analysis from some of Canada's leadin...

published: 22 Sep 2015

Top 10 Best Tax Havens Countries In The World 🌐

You AreWatching: Top 10 Best Tax Havens Countries In The World in 2018 - 2019
The world of offshore accounts, shell companies and tax havens extends far beyond the fictional legal thrillers you see on the silver screen. Offshore tax havens — countries or territories where taxes are assessed at a low or nonexistent rate — are very much a reality, and U.S.-based multinational corporations play a starring role in the real-life drama.
According to a 2016 report by Citizens for Tax Justice, 367 companies in the Fortune 500 operate subsidiaries in tax-haven nations around the globe.
Just like major corporations, individuals can take advantage of the web of financial loopholes and legislation that foreign countries offer. Click through to discover 12 of these tax havens, which might help you ...

published: 16 Jul 2018

Tax Break Rewards Companies For Hiding Money In Offshore Accounts

The new tax law the Republicans had been praising is actually rewarding companies for hiding their money overseas. Ring of Fire's Mike Papantonio and Farron Cousins discusses this issue.
Become a member today!: https://www.youtube.com/channel/UCYWIEbibRcZav6xMLo9qWWw/join
Support us by becoming a monthly patron on Patreon, and help keep progressive media alive!: https://www.patreon.com/TheRingofFire
Spread the word! LIKE and SHARE this video or leave a comment to help direct attention to the stories that matter. And SUBSCRIBE to stay connected with Ring of Fire's video content!
Support Ring of Fire by subscribing to our YouTube channel: https://www.youtube.com/theringoffire
Be sociable! Follow us on:
Facebook: http://www.facebook.com/RingofFireRadio
Twitter: http://www.twitter.com/Rin...

Top 10 Offshore Tax Havens You Can Still Stash Your Cash

Get more Tips here! www.destinationtips.com
Heads of state, former heads of state, heads of government, former heads of government, relatives and associates o...

Get more Tips here! www.destinationtips.com
Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair share of celebrities) have all been exposed for hiding money in offshore accounts.
Here is a list of the top 10 Biggest Tax Havens in the World.
(Ranking is based on a combination of its secrecy score and scale weighting)
#10 United Arab Emirates
One of the world’s best known tax havens or secrecy jurisdictions.It has a low-tax environment and a complex array of free trade zones with multiple secrecy facilities and lax enforcement.
A large slice of the inbound money comes in the form gold.
SecrecyScore: 77%
Tax HavenStatus: Tiny
#9 Bahrain
An island of hospitality to banks and businesses and also one of the biggest global centers for Islamic finance. There is no corporate income tax, personal income tax or capital gains tax. Bahrain also has a wide network of tax treaties with a number of developing countries.
Secrecy Score: 74%
Tax Haven Status: Small
#8 Germany
Between $2.81 to $3.38 trillion of tax exempt interest-bearing assets held by non-residents as of August 2013. Germany does not sufficiently exchange tax-related information with a multitude of other jurisdictions and despite recent progress with its anti-money laundering framework, major loopholes and many implementation deficits still exist
Secrecy Score: 56%
Tax Haven Status: Huge but Shifty
#7 Lebanon
Many members of the population are high-net worth individuals. Beirut’s offshore financial services sector has been growing at an average of nearly 12 percent per year since 2006. Lebanon’s political and military troubles over recent decades have disrupted the offshore financial sector, but it has proved astonishingly resilient.
Secrecy Score: 79%
Tax Haven Status: Small and Secure
#6 Luxembourg
The most important private banking and wealth management center in the Eurozone.
It has 143 banks holding almost $800 billion in assets, over $300 billion of which are in the secretive private banking sector and is a center of lax financial regulation and is still one of the world’s most important financial centers.
Breaking professional secrecy can result in a prison sentence
Secrecy Score: 55%
Tax Haven Status: Huge
#5 The Cayman Islands
Banking assets worth $1.4 trillion in June 2014.
Hoststing over 11,000 mutual and other funds with a net asset value of $2.1 trillion.
It has 200 banks, over 140 trust companies and over 95,000 registered companies and retains many secrecy features plus laws that can put people in jail not only for exposing confidential information, but merely for asking for it.
Secrecy Score: 65%
Tax Haven Status: Aggressively Protective
#4 SingaporeA major wealth management center, with $1.4 trillion in assets under management in 2013.
In 2014 it become Asia’s largest foreign exchange trading center.
It hosts a lack of serious reforms to its corporate secrecy regime and a lack of interest in creating public registries of beneficial ownership.
Secrecy Score: 69%
Tax Haven Status: Intentionally Blind?
#3 USAThe U.S. has led the charge in combating international tax evasion using offshore financial accounts. However, the U.S. also provides a multitude of secrecy and tax-free facilities for non U.S. residents
It's one of the few places left where advisers are actively promoting accounts that will remain secret from overseas authorities.
Secrecy Score: 60%
Tax Haven Status: Ironic
#2 Hong Kong
Hong Kong has the second largest stock exchange in Asia after Tokyo with $2.1 trillion under management in April 2015 and over $350 billion in private banking assets.
China’s control over Hong Kong has shielded it from global transparency initiatives.
It also has not signed the multilateral agreement to initiate automatic information exchange via the CRS.
Secrecy Score: 72%
Tax Haven Status: See-No-Evil
#1 Switzerland
Switzerland is the grandfather of the world’s tax havens, known to have introduced Banking Secrecy Laws as far back as 1934
However, in 2010, the US enacted the Foreign Account Tax Compliance Act and the Swiss government was ultimately forced to bow to US pressure
In 2013, the US government signed a tax treaty that calls for Swiss banks to provide details on their American account holders
Secrecy Score: 73%
Tax Haven Status: BOSS

Get more Tips here! www.destinationtips.com
Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair share of celebrities) have all been exposed for hiding money in offshore accounts.
Here is a list of the top 10 Biggest Tax Havens in the World.
(Ranking is based on a combination of its secrecy score and scale weighting)
#10 United Arab Emirates
One of the world’s best known tax havens or secrecy jurisdictions.It has a low-tax environment and a complex array of free trade zones with multiple secrecy facilities and lax enforcement.
A large slice of the inbound money comes in the form gold.
SecrecyScore: 77%
Tax HavenStatus: Tiny
#9 Bahrain
An island of hospitality to banks and businesses and also one of the biggest global centers for Islamic finance. There is no corporate income tax, personal income tax or capital gains tax. Bahrain also has a wide network of tax treaties with a number of developing countries.
Secrecy Score: 74%
Tax Haven Status: Small
#8 Germany
Between $2.81 to $3.38 trillion of tax exempt interest-bearing assets held by non-residents as of August 2013. Germany does not sufficiently exchange tax-related information with a multitude of other jurisdictions and despite recent progress with its anti-money laundering framework, major loopholes and many implementation deficits still exist
Secrecy Score: 56%
Tax Haven Status: Huge but Shifty
#7 Lebanon
Many members of the population are high-net worth individuals. Beirut’s offshore financial services sector has been growing at an average of nearly 12 percent per year since 2006. Lebanon’s political and military troubles over recent decades have disrupted the offshore financial sector, but it has proved astonishingly resilient.
Secrecy Score: 79%
Tax Haven Status: Small and Secure
#6 Luxembourg
The most important private banking and wealth management center in the Eurozone.
It has 143 banks holding almost $800 billion in assets, over $300 billion of which are in the secretive private banking sector and is a center of lax financial regulation and is still one of the world’s most important financial centers.
Breaking professional secrecy can result in a prison sentence
Secrecy Score: 55%
Tax Haven Status: Huge
#5 The Cayman Islands
Banking assets worth $1.4 trillion in June 2014.
Hoststing over 11,000 mutual and other funds with a net asset value of $2.1 trillion.
It has 200 banks, over 140 trust companies and over 95,000 registered companies and retains many secrecy features plus laws that can put people in jail not only for exposing confidential information, but merely for asking for it.
Secrecy Score: 65%
Tax Haven Status: Aggressively Protective
#4 SingaporeA major wealth management center, with $1.4 trillion in assets under management in 2013.
In 2014 it become Asia’s largest foreign exchange trading center.
It hosts a lack of serious reforms to its corporate secrecy regime and a lack of interest in creating public registries of beneficial ownership.
Secrecy Score: 69%
Tax Haven Status: Intentionally Blind?
#3 USAThe U.S. has led the charge in combating international tax evasion using offshore financial accounts. However, the U.S. also provides a multitude of secrecy and tax-free facilities for non U.S. residents
It's one of the few places left where advisers are actively promoting accounts that will remain secret from overseas authorities.
Secrecy Score: 60%
Tax Haven Status: Ironic
#2 Hong Kong
Hong Kong has the second largest stock exchange in Asia after Tokyo with $2.1 trillion under management in April 2015 and over $350 billion in private banking assets.
China’s control over Hong Kong has shielded it from global transparency initiatives.
It also has not signed the multilateral agreement to initiate automatic information exchange via the CRS.
Secrecy Score: 72%
Tax Haven Status: See-No-Evil
#1 Switzerland
Switzerland is the grandfather of the world’s tax havens, known to have introduced Banking Secrecy Laws as far back as 1934
However, in 2010, the US enacted the Foreign Account Tax Compliance Act and the Swiss government was ultimately forced to bow to US pressure
In 2013, the US government signed a tax treaty that calls for Swiss banks to provide details on their American account holders
Secrecy Score: 73%
Tax Haven Status: BOSS

KPMG offshore tax dodge

A former client of the accounting giant KPMG says a tax dodge that involved wealthy people gifting their money to an offshore jurisdiction was a 'facade' design...

A former client of the accounting giant KPMG says a tax dodge that involved wealthy people gifting their money to an offshore jurisdiction was a 'facade' designed to hide money from the taxman
Click here for the full story: http://www.cbc.ca/1.4006469
»»» Subscribe to The National to watch more videos here: https://www.youtube.com/user/CBCTheNational?sub_confirmation=1
Voice Your Opinion & Connect With Us Online:
The National Updates on Facebook: https://www.facebook.com/thenational
The National Updates on Twitter: https://twitter.com/CBCTheNational
The National Updates on Google+: https://plus.google.com/+CBCTheNational
»»» »»» »»» »»» »»»
The National is CBC Television's flagship news program. Airing seven days a week, the show delivers news, feature documentaries and analysis from some of Canada's leading journalists.

A former client of the accounting giant KPMG says a tax dodge that involved wealthy people gifting their money to an offshore jurisdiction was a 'facade' designed to hide money from the taxman
Click here for the full story: http://www.cbc.ca/1.4006469
»»» Subscribe to The National to watch more videos here: https://www.youtube.com/user/CBCTheNational?sub_confirmation=1
Voice Your Opinion & Connect With Us Online:
The National Updates on Facebook: https://www.facebook.com/thenational
The National Updates on Twitter: https://twitter.com/CBCTheNational
The National Updates on Google+: https://plus.google.com/+CBCTheNational
»»» »»» »»» »»» »»»
The National is CBC Television's flagship news program. Airing seven days a week, the show delivers news, feature documentaries and analysis from some of Canada's leading journalists.

Inside Story - Taking on the tax havens

Subscribe to our channel http://bit.ly/AJSubscribe
A new report has now revealed that some of the world's richest people have more than $30 trillion stashed in...

Subscribe to our channel http://bit.ly/AJSubscribe
A new report has now revealed that some of the world's richest people have more than $30 trillion stashed in offshore assets, having exploited gaps in cross-border tax rules to move money overseas. Research commissioned by the campaign group Tax Justice Network says the value is as much as the gross domestic products of the US and Japan combined. Should tax havens be allowed to exist? Guests: Jean-Pierre Diserens, Myret Zaki, Sony Kapoor.
At Al Jazeera English, we focus on people and events that affect people's lives. We bring topics to light that often go under-reported, listening to all sides of the story and giving a 'voice to the voiceless.'
Reaching more than 270 million households in over 140 countries across the globe, our viewers trust Al Jazeera English to keep them informed, inspired, and entertained.
Our impartial, fact-based reporting wins worldwide praise and respect. It is our unique brand of journalism that the world has come to rely on.
We are reshaping global media and constantly working to strengthen our reputation as one of the world's most respected news and current affairs channels.
Social Media links:
Facebook: https://www.facebook.com/aljazeera
Instagram: https://instagram.com/aljazeera/?ref=...
Twitter: https://twitter.com/ajenglish
Website: http://www.aljazeera.com/
google+: https://plus.google.com/+aljazeera/posts

Subscribe to our channel http://bit.ly/AJSubscribe
A new report has now revealed that some of the world's richest people have more than $30 trillion stashed in offshore assets, having exploited gaps in cross-border tax rules to move money overseas. Research commissioned by the campaign group Tax Justice Network says the value is as much as the gross domestic products of the US and Japan combined. Should tax havens be allowed to exist? Guests: Jean-Pierre Diserens, Myret Zaki, Sony Kapoor.
At Al Jazeera English, we focus on people and events that affect people's lives. We bring topics to light that often go under-reported, listening to all sides of the story and giving a 'voice to the voiceless.'
Reaching more than 270 million households in over 140 countries across the globe, our viewers trust Al Jazeera English to keep them informed, inspired, and entertained.
Our impartial, fact-based reporting wins worldwide praise and respect. It is our unique brand of journalism that the world has come to rely on.
We are reshaping global media and constantly working to strengthen our reputation as one of the world's most respected news and current affairs channels.
Social Media links:
Facebook: https://www.facebook.com/aljazeera
Instagram: https://instagram.com/aljazeera/?ref=...
Twitter: https://twitter.com/ajenglish
Website: http://www.aljazeera.com/
google+: https://plus.google.com/+aljazeera/posts

'Immoral' Big Biz: Starbucks, Google, Amazon tax-scams exposed in UK

Three of the world's most-recognised brands - Starbucks, Google and Amazon - are under fire in the UK for depriving Britain of millions of pounds through elabor...

Three of the world's most-recognised brands - Starbucks, Google and Amazon - are under fire in the UK for depriving Britain of millions of pounds through elaborate tax avoidance schemes - READ FULL STORY http://on.rt.com/slvu8s
The tricks have caused public outrage, and one action group has even come up with an unconventional plan to highlight what's been dubbed the companies 'immoral' tactics.
RT LIVE http://rt.com/on-air
Subscribe to RT! http://www.youtube.com/subscription_center?add_user=RussiaToday
Like us on Facebook http://www.facebook.com/RTnews
Follow us on Twitter http://twitter.com/RT_com
Follow us on Google+ http://plus.google.com/+RT
RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 500 million YouTube views benchmark.

Three of the world's most-recognised brands - Starbucks, Google and Amazon - are under fire in the UK for depriving Britain of millions of pounds through elaborate tax avoidance schemes - READ FULL STORY http://on.rt.com/slvu8s
The tricks have caused public outrage, and one action group has even come up with an unconventional plan to highlight what's been dubbed the companies 'immoral' tactics.
RT LIVE http://rt.com/on-air
Subscribe to RT! http://www.youtube.com/subscription_center?add_user=RussiaToday
Like us on Facebook http://www.facebook.com/RTnews
Follow us on Twitter http://twitter.com/RT_com
Follow us on Google+ http://plus.google.com/+RT
RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 500 million YouTube views benchmark.

https://democracynow.org - Examining the ParadisePapers, The Guardian reports seven Republican super-donors mentioned in the papers stored some of their fortunes offshore, beyond the reach of public scrutiny and tax authorities. Together, the billionaires pumped more than $350 million into the 2016 election. Some are well-known backers of conservative causes, like casino magnate Sheldon Adelson and Charles and David Koch. Another investigation focuses on Democratic donor James Simons, who spent $11 million to back Hillary Clinton’s 2016 presidential campaign. Simons is the founder of Renaissance Technologies, the world’s most profitable hedge fund. Leaked records show he kept much of his $8 billion fortune in an offshore private wealth fund in Bermuda in order to avoid “particularly severe” taxes that would be triggered if he tried to bring the funds onshore. We speak with Jon Swaine, senior reporter for The Guardian.
Democracy Now! is an independent global news hour that airs weekdays on nearly 1,400 TV and radio stations Monday through Friday. Watch our livestream 8-9AM ET: https://democracynow.org
Please consider supporting independent media by making a donation to Democracy Now! today: https://democracynow.org/donate
FOLLOW DEMOCRACY NOW! ONLINE:
Facebook: http://facebook.com/democracynow
Twitter: https://twitter.com/democracynow
YouTube: http://youtube.com/democracynow
SoundCloud: http://soundcloud.com/democracynow
DailyEmail: https://democracynow.org/subscribe
Google+: https://plus.google.com/+DemocracyNow
Instagram: http://instagram.com/democracynow
Tumblr: http://democracynow.tumblr.com
Pinterest: http://pinterest.com/democracynow
iTunes: https://itunes.apple.com/podcast/democracy-now!-audio/id73802554
TuneIn: https://tunein.com/radio/Democracy-Now-p90
Stitcher Radio: https://www.stitcher.com/podcast/democracy-now

https://democracynow.org - Examining the ParadisePapers, The Guardian reports seven Republican super-donors mentioned in the papers stored some of their fortunes offshore, beyond the reach of public scrutiny and tax authorities. Together, the billionaires pumped more than $350 million into the 2016 election. Some are well-known backers of conservative causes, like casino magnate Sheldon Adelson and Charles and David Koch. Another investigation focuses on Democratic donor James Simons, who spent $11 million to back Hillary Clinton’s 2016 presidential campaign. Simons is the founder of Renaissance Technologies, the world’s most profitable hedge fund. Leaked records show he kept much of his $8 billion fortune in an offshore private wealth fund in Bermuda in order to avoid “particularly severe” taxes that would be triggered if he tried to bring the funds onshore. We speak with Jon Swaine, senior reporter for The Guardian.
Democracy Now! is an independent global news hour that airs weekdays on nearly 1,400 TV and radio stations Monday through Friday. Watch our livestream 8-9AM ET: https://democracynow.org
Please consider supporting independent media by making a donation to Democracy Now! today: https://democracynow.org/donate
FOLLOW DEMOCRACY NOW! ONLINE:
Facebook: http://facebook.com/democracynow
Twitter: https://twitter.com/democracynow
YouTube: http://youtube.com/democracynow
SoundCloud: http://soundcloud.com/democracynow
DailyEmail: https://democracynow.org/subscribe
Google+: https://plus.google.com/+DemocracyNow
Instagram: http://instagram.com/democracynow
Tumblr: http://democracynow.tumblr.com
Pinterest: http://pinterest.com/democracynow
iTunes: https://itunes.apple.com/podcast/democracy-now!-audio/id73802554
TuneIn: https://tunein.com/radio/Democracy-Now-p90
Stitcher Radio: https://www.stitcher.com/podcast/democracy-now

Join us for our August Fuqua Faculty Conversation with Scott Dyreng, Associate Professor of Accounting as he presents:
Corporate Tax Avoidance: How it happens, how it is changing, and what to do about it
In this session, we will talk about:
- How much tax do U.S. corporations pay
- Common misconceptions about corporate tax avoidance
- How corporate tax avoidance has changed since the mid 1980s
- What can be changed to make our corporate tax system more efficient
Our live online session with Professor Dyreng will take place on Wednesday, August 19, 2015 at 11:00 a.m. ET.
Send your questions to conversations@fuqua.duke.edu or tweet them during the live session using #fuquaalumni

Join us for our August Fuqua Faculty Conversation with Scott Dyreng, Associate Professor of Accounting as he presents:
Corporate Tax Avoidance: How it happens, how it is changing, and what to do about it
In this session, we will talk about:
- How much tax do U.S. corporations pay
- Common misconceptions about corporate tax avoidance
- How corporate tax avoidance has changed since the mid 1980s
- What can be changed to make our corporate tax system more efficient
Our live online session with Professor Dyreng will take place on Wednesday, August 19, 2015 at 11:00 a.m. ET.
Send your questions to conversations@fuqua.duke.edu or tweet them during the live session using #fuquaalumni

To see the rest of this 4 part video series visit this page: http://www.assetprotectiontraining.com/op/insiders-asset-protection-guide?ls=1384
After 30 years o...

To see the rest of this 4 part video series visit this page: http://www.assetprotectiontraining.com/op/insiders-asset-protection-guide?ls=1384
After 30 years of setting up asset protection plans, this is what I consider the perfect offshore asset protection plan. This combines an Offshore trust with an LLC and an optional offshore bank account.

To see the rest of this 4 part video series visit this page: http://www.assetprotectiontraining.com/op/insiders-asset-protection-guide?ls=1384
After 30 years of setting up asset protection plans, this is what I consider the perfect offshore asset protection plan. This combines an Offshore trust with an LLC and an optional offshore bank account.

KPMG allegedly involved in offshore tax "sham"

Tax officials allege the accounting giant crafted an offshore scheme to let rich Canadians avoid tax. We investigate how it works and why it's being kept under ...

Tax officials allege the accounting giant crafted an offshore scheme to let rich Canadians avoid tax. We investigate how it works and why it's being kept under wraps.
Click here for the full story: http://www.cbc.ca/1.3234876
»»» Subscribe to The National to watch more videos here: https://www.youtube.com/user/CBCTheNational?sub_confirmation=1
Voice Your Opinion & Connect With Us Online:
The National Updates on Facebook: https://www.facebook.com/thenational
The National Updates on Twitter: https://twitter.com/CBCTheNational
The National Updates on Google+: https://plus.google.com/+CBCTheNational
»»» »»» »»» »»» »»»
The National is CBC Television's flagship news program. Airing seven days a week, the show delivers news, feature documentaries and analysis from some of Canada's leading journalists.

Tax officials allege the accounting giant crafted an offshore scheme to let rich Canadians avoid tax. We investigate how it works and why it's being kept under wraps.
Click here for the full story: http://www.cbc.ca/1.3234876
»»» Subscribe to The National to watch more videos here: https://www.youtube.com/user/CBCTheNational?sub_confirmation=1
Voice Your Opinion & Connect With Us Online:
The National Updates on Facebook: https://www.facebook.com/thenational
The National Updates on Twitter: https://twitter.com/CBCTheNational
The National Updates on Google+: https://plus.google.com/+CBCTheNational
»»» »»» »»» »»» »»»
The National is CBC Television's flagship news program. Airing seven days a week, the show delivers news, feature documentaries and analysis from some of Canada's leading journalists.

You AreWatching: Top 10 Best Tax Havens Countries In The World in 2018 - 2019
The world of offshore accounts, shell companies and tax havens extends far beyond the fictional legal thrillers you see on the silver screen. Offshore tax havens — countries or territories where taxes are assessed at a low or nonexistent rate — are very much a reality, and U.S.-based multinational corporations play a starring role in the real-life drama.
According to a 2016 report by Citizens for Tax Justice, 367 companies in the Fortune 500 operate subsidiaries in tax-haven nations around the globe.
Just like major corporations, individuals can take advantage of the web of financial loopholes and legislation that foreign countries offer. Click through to discover 12 of these tax havens, which might help you pay less on your tax bill this year or at some point in the future.
Top 10 Best Tax Havens Countries In The World 🗺
********************************************************
Don't Forget To Subscribe Our Channel (Top 10 list)
https://www.youtube.com/channel/UCRA3n9pJoAlWofKxIiKr6qQ
Join Top 10 list on Facebook
https://www.facebook.com/top10listworldwide
Join Top 10 list on Google+
https://plus.google.com/b/110127738955939979865/110127738955939979865?pageId=110127738955939979865
Join Top 10 list on Twitter
https://twitter.com/top10listworld
*********************************************************
Recommended To Watch:
Top 10 HighestPaidIndian TV SerialActors in 2017-18
https://www.youtube.com/watch?v=NdqPLelEuGk
Top 10 Most BeautifulHotBollywoodActresses 2017-18
https://www.youtube.com/watch?v=1LO9QcH5VEs
Top 10 Highest Paid Successful TV Actresses In Bollywood India 2017-18
https://www.youtube.com/watch?v=v4agMb3UbIg
Top 10 Biggest Countries In The World | Largest Countries Ever
https://www.youtube.com/watch?v=BfFsDtkHUJQ
Top 10 Fastest Aircraft in the World 2017 - Fastest Jets In The World
https://www.youtube.com/watch?v=0wJlYROl8cs
Top 10 Most ExpensiveApartments In The World
https://www.youtube.com/watch?v=IRN66kAc-xU
*********************************************************
Hope you enjoy this video - Top 10 Best Tax Havens Countries In The World 🗺
Plz Like and share Don't forget to Subscribe our channel to Learn something new Everyday

You AreWatching: Top 10 Best Tax Havens Countries In The World in 2018 - 2019
The world of offshore accounts, shell companies and tax havens extends far beyond the fictional legal thrillers you see on the silver screen. Offshore tax havens — countries or territories where taxes are assessed at a low or nonexistent rate — are very much a reality, and U.S.-based multinational corporations play a starring role in the real-life drama.
According to a 2016 report by Citizens for Tax Justice, 367 companies in the Fortune 500 operate subsidiaries in tax-haven nations around the globe.
Just like major corporations, individuals can take advantage of the web of financial loopholes and legislation that foreign countries offer. Click through to discover 12 of these tax havens, which might help you pay less on your tax bill this year or at some point in the future.
Top 10 Best Tax Havens Countries In The World 🗺
********************************************************
Don't Forget To Subscribe Our Channel (Top 10 list)
https://www.youtube.com/channel/UCRA3n9pJoAlWofKxIiKr6qQ
Join Top 10 list on Facebook
https://www.facebook.com/top10listworldwide
Join Top 10 list on Google+
https://plus.google.com/b/110127738955939979865/110127738955939979865?pageId=110127738955939979865
Join Top 10 list on Twitter
https://twitter.com/top10listworld
*********************************************************
Recommended To Watch:
Top 10 HighestPaidIndian TV SerialActors in 2017-18
https://www.youtube.com/watch?v=NdqPLelEuGk
Top 10 Most BeautifulHotBollywoodActresses 2017-18
https://www.youtube.com/watch?v=1LO9QcH5VEs
Top 10 Highest Paid Successful TV Actresses In Bollywood India 2017-18
https://www.youtube.com/watch?v=v4agMb3UbIg
Top 10 Biggest Countries In The World | Largest Countries Ever
https://www.youtube.com/watch?v=BfFsDtkHUJQ
Top 10 Fastest Aircraft in the World 2017 - Fastest Jets In The World
https://www.youtube.com/watch?v=0wJlYROl8cs
Top 10 Most ExpensiveApartments In The World
https://www.youtube.com/watch?v=IRN66kAc-xU
*********************************************************
Hope you enjoy this video - Top 10 Best Tax Havens Countries In The World 🗺
Plz Like and share Don't forget to Subscribe our channel to Learn something new Everyday

The new tax law the Republicans had been praising is actually rewarding companies for hiding their money overseas. Ring of Fire's Mike Papantonio and Farron Cousins discusses this issue.
Become a member today!: https://www.youtube.com/channel/UCYWIEbibRcZav6xMLo9qWWw/join
Support us by becoming a monthly patron on Patreon, and help keep progressive media alive!: https://www.patreon.com/TheRingofFire
Spread the word! LIKE and SHARE this video or leave a comment to help direct attention to the stories that matter. And SUBSCRIBE to stay connected with Ring of Fire's video content!
Support Ring of Fire by subscribing to our YouTube channel: https://www.youtube.com/theringoffire
Be sociable! Follow us on:
Facebook: http://www.facebook.com/RingofFireRadio
Twitter: http://www.twitter.com/RingofFireRadio
Google+: http://plus.google.com/118415831573195648557
Instagram: https://www.instagram.com/ringoffirenetwork/
Follow more of our stories at http://www.TROFIRE.com
Subscribe to our podcast: http://www.ROFPodcast.com
*This transcript was generated by a third-party transcription software company, so please excuse any typos.
The new tax law the Republicans had been praising is actually rewarding companies for hiding their money overseas. I mean, I don't have that. That's exactly what it is. We're going to give you a break. We want you to take the money. All that money that you made because of the tax breaks that you were. You said you were going to share with employees. You said you were going to spread the wealth. Well, no, they didn't spread the wealth. What they want to do is hide it overseas now and I can't make this up there. They're following this and here's why. Here's what they're finding. They're finding first of all, that the companies that are that are, we're arguing, give us a tax break and it's going to trickle down. The first thing you're doing is they're buying back their own stock. Okay? That's. That's number one.
Number two is they're giving their ceos more money. They're giving management more money. This is exactly the and number three. Then they hide what they have left offshore, overseas. Then this is how it goes. They come back to the government and they say they negotiate. Look, you know I was $40,000,000,000 as we speak, about $40,000,000,000 we know is overseas. Worth of tax revenue. Yeah, that's all we know of this point. Forty billion. Okay, so 40 billions overseas being hidden in Ireland or the Bahamas, somewhere. Somewhere out in and hide your money land. Okay, so in hide your money land there. They then say they say to the government will bring it back in if you get. If you let us bring it in by paying two percent taxes on it. They basically just, it. It's extortion. First of all, they're breaking the law most of the time if you really followed it, there'd be ways to show they're breaking the law, but when it comes back in, they negotiated with the government, say, you know, give us a break and we'll bring it back.
And just basically holding the US government hostage. Right? And we've seen it too many times in recent years during Bush and Obama though, do these tax holiday where you can bring it back right now. You're not going to pay any money on it. Just bring it back to the United States. So one of the big selling points that they use to sell this tax break was we've got companies hiding so much money offshore, which is true, but if we lower taxes, they're going to bring it all back. And no, because lower taxes is not what corporations want. No tax is what corporations wants. But these idiots who wrote this bill actually wrote this in there. Right now if you hide your money offshore and bring it back or, or excuse me, before the bill, it was 22 percent. You paid on it. They lowered it from 22 percent to 9 percent.
So they have actually given more incentive for these companies like Abbvie, uh, that was just exposed in this Reuters report. What they do is their headquarters is here in the United States. They're the ones, by the way, they make testosterone that's killing men all over the country. So they're based out of Chicago. They do all their work out of Chicago, but they actually claimed their, their headquarter is down in the Bahamas. So that's where all the profits go. All the money goes to the Bahamas, so none of it is technically US income, even though all the businesses here, so now when they bring it back, instead of paying 22 percent, they don't get to pay 9 percent. And because of the way the crazy business laws work, they can show we didn't make a profit in the United States. We made a loss. It actually shows as a loss and they get to take a tax break on top, on top of the only having to pay 9 percent.

The new tax law the Republicans had been praising is actually rewarding companies for hiding their money overseas. Ring of Fire's Mike Papantonio and Farron Cousins discusses this issue.
Become a member today!: https://www.youtube.com/channel/UCYWIEbibRcZav6xMLo9qWWw/join
Support us by becoming a monthly patron on Patreon, and help keep progressive media alive!: https://www.patreon.com/TheRingofFire
Spread the word! LIKE and SHARE this video or leave a comment to help direct attention to the stories that matter. And SUBSCRIBE to stay connected with Ring of Fire's video content!
Support Ring of Fire by subscribing to our YouTube channel: https://www.youtube.com/theringoffire
Be sociable! Follow us on:
Facebook: http://www.facebook.com/RingofFireRadio
Twitter: http://www.twitter.com/RingofFireRadio
Google+: http://plus.google.com/118415831573195648557
Instagram: https://www.instagram.com/ringoffirenetwork/
Follow more of our stories at http://www.TROFIRE.com
Subscribe to our podcast: http://www.ROFPodcast.com
*This transcript was generated by a third-party transcription software company, so please excuse any typos.
The new tax law the Republicans had been praising is actually rewarding companies for hiding their money overseas. I mean, I don't have that. That's exactly what it is. We're going to give you a break. We want you to take the money. All that money that you made because of the tax breaks that you were. You said you were going to share with employees. You said you were going to spread the wealth. Well, no, they didn't spread the wealth. What they want to do is hide it overseas now and I can't make this up there. They're following this and here's why. Here's what they're finding. They're finding first of all, that the companies that are that are, we're arguing, give us a tax break and it's going to trickle down. The first thing you're doing is they're buying back their own stock. Okay? That's. That's number one.
Number two is they're giving their ceos more money. They're giving management more money. This is exactly the and number three. Then they hide what they have left offshore, overseas. Then this is how it goes. They come back to the government and they say they negotiate. Look, you know I was $40,000,000,000 as we speak, about $40,000,000,000 we know is overseas. Worth of tax revenue. Yeah, that's all we know of this point. Forty billion. Okay, so 40 billions overseas being hidden in Ireland or the Bahamas, somewhere. Somewhere out in and hide your money land. Okay, so in hide your money land there. They then say they say to the government will bring it back in if you get. If you let us bring it in by paying two percent taxes on it. They basically just, it. It's extortion. First of all, they're breaking the law most of the time if you really followed it, there'd be ways to show they're breaking the law, but when it comes back in, they negotiated with the government, say, you know, give us a break and we'll bring it back.
And just basically holding the US government hostage. Right? And we've seen it too many times in recent years during Bush and Obama though, do these tax holiday where you can bring it back right now. You're not going to pay any money on it. Just bring it back to the United States. So one of the big selling points that they use to sell this tax break was we've got companies hiding so much money offshore, which is true, but if we lower taxes, they're going to bring it all back. And no, because lower taxes is not what corporations want. No tax is what corporations wants. But these idiots who wrote this bill actually wrote this in there. Right now if you hide your money offshore and bring it back or, or excuse me, before the bill, it was 22 percent. You paid on it. They lowered it from 22 percent to 9 percent.
So they have actually given more incentive for these companies like Abbvie, uh, that was just exposed in this Reuters report. What they do is their headquarters is here in the United States. They're the ones, by the way, they make testosterone that's killing men all over the country. So they're based out of Chicago. They do all their work out of Chicago, but they actually claimed their, their headquarter is down in the Bahamas. So that's where all the profits go. All the money goes to the Bahamas, so none of it is technically US income, even though all the businesses here, so now when they bring it back, instead of paying 22 percent, they don't get to pay 9 percent. And because of the way the crazy business laws work, they can show we didn't make a profit in the United States. We made a loss. It actually shows as a loss and they get to take a tax break on top, on top of the only having to pay 9 percent.

Top 10 Offshore Tax Havens You Can Still Stash Your Cash

Get more Tips here! www.destinationtips.com
Heads of state, former heads of state, heads of government, former heads of government, relatives and associates of government officials (as well as a fair share of celebrities) have all been exposed for hiding money in offshore accounts.
Here is a list of the top 10 Biggest Tax Havens in the World.
(Ranking is based on a combination of its secrecy score and scale weighting)
#10 United Arab Emirates
One of the world’s best known tax havens or secrecy jurisdictions.It has a low-tax environment and a complex array of free trade zones with multiple secrecy facilities and lax enforcement.
A large slice of the inbound money comes in the form gold.
SecrecyScore: 77%
Tax HavenStatus: Tiny
#9 Bahrain
An island of hospitality to banks and businesses and also one of the biggest global centers for Islamic finance. There is no corporate income tax, personal income tax or capital gains tax. Bahrain also has a wide network of tax treaties with a number of developing countries.
Secrecy Score: 74%
Tax Haven Status: Small
#8 Germany
Between $2.81 to $3.38 trillion of tax exempt interest-bearing assets held by non-residents as of August 2013. Germany does not sufficiently exchange tax-related information with a multitude of other jurisdictions and despite recent progress with its anti-money laundering framework, major loopholes and many implementation deficits still exist
Secrecy Score: 56%
Tax Haven Status: Huge but Shifty
#7 Lebanon
Many members of the population are high-net worth individuals. Beirut’s offshore financial services sector has been growing at an average of nearly 12 percent per year since 2006. Lebanon’s political and military troubles over recent decades have disrupted the offshore financial sector, but it has proved astonishingly resilient.
Secrecy Score: 79%
Tax Haven Status: Small and Secure
#6 Luxembourg
The most important private banking and wealth management center in the Eurozone.
It has 143 banks holding almost $800 billion in assets, over $300 billion of which are in the secretive private banking sector and is a center of lax financial regulation and is still one of the world’s most important financial centers.
Breaking professional secrecy can result in a prison sentence
Secrecy Score: 55%
Tax Haven Status: Huge
#5 The Cayman Islands
Banking assets worth $1.4 trillion in June 2014.
Hoststing over 11,000 mutual and other funds with a net asset value of $2.1 trillion.
It has 200 banks, over 140 trust companies and over 95,000 registered companies and retains many secrecy features plus laws that can put people in jail not only for exposing confidential information, but merely for asking for it.
Secrecy Score: 65%
Tax Haven Status: Aggressively Protective
#4 SingaporeA major wealth management center, with $1.4 trillion in assets under management in 2013.
In 2014 it become Asia’s largest foreign exchange trading center.
It hosts a lack of serious reforms to its corporate secrecy regime and a lack of interest in creating public registries of beneficial ownership.
Secrecy Score: 69%
Tax Haven Status: Intentionally Blind?
#3 USAThe U.S. has led the charge in combating international tax evasion using offshore financial accounts. However, the U.S. also provides a multitude of secrecy and tax-free facilities for non U.S. residents
It's one of the few places left where advisers are actively promoting accounts that will remain secret from overseas authorities.
Secrecy Score: 60%
Tax Haven Status: Ironic
#2 Hong Kong
Hong Kong has the second largest stock exchange in Asia after Tokyo with $2.1 trillion under management in April 2015 and over $350 billion in private banking assets.
China’s control over Hong Kong has shielded it from global transparency initiatives.
It also has not signed the multilateral agreement to initiate automatic information exchange via the CRS.
Secrecy Score: 72%
Tax Haven Status: See-No-Evil
#1 Switzerland
Switzerland is the grandfather of the world’s tax havens, known to have introduced Banking Secrecy Laws as far back as 1934
However, in 2010, the US enacted the Foreign Account Tax Compliance Act and the Swiss government was ultimately forced to bow to US pressure
In 2013, the US government signed a tax treaty that calls for Swiss banks to provide details on their American account holders
Secrecy Score: 73%
Tax Haven Status: BOSS

KPMG offshore tax dodge

A former client of the accounting giant KPMG says a tax dodge that involved wealthy people gifting their money to an offshore jurisdiction was a 'facade' designed to hide money from the taxman
Click here for the full story: http://www.cbc.ca/1.4006469
»»» Subscribe to The National to watch more videos here: https://www.youtube.com/user/CBCTheNational?sub_confirmation=1
Voice Your Opinion & Connect With Us Online:
The National Updates on Facebook: https://www.facebook.com/thenational
The National Updates on Twitter: https://twitter.com/CBCTheNational
The National Updates on Google+: https://plus.google.com/+CBCTheNational
»»» »»» »»» »»» »»»
The National is CBC Television's flagship news program. Airing seven days a week, the show delivers news, feature documentaries and analysis from some of Canada's leading journalists.

Inside Story - Taking on the tax havens

Subscribe to our channel http://bit.ly/AJSubscribe
A new report has now revealed that some of the world's richest people have more than $30 trillion stashed in offshore assets, having exploited gaps in cross-border tax rules to move money overseas. Research commissioned by the campaign group Tax Justice Network says the value is as much as the gross domestic products of the US and Japan combined. Should tax havens be allowed to exist? Guests: Jean-Pierre Diserens, Myret Zaki, Sony Kapoor.
At Al Jazeera English, we focus on people and events that affect people's lives. We bring topics to light that often go under-reported, listening to all sides of the story and giving a 'voice to the voiceless.'
Reaching more than 270 million households in over 140 countries across the globe, our viewers trust Al Jazeera English to keep them informed, inspired, and entertained.
Our impartial, fact-based reporting wins worldwide praise and respect. It is our unique brand of journalism that the world has come to rely on.
We are reshaping global media and constantly working to strengthen our reputation as one of the world's most respected news and current affairs channels.
Social Media links:
Facebook: https://www.facebook.com/aljazeera
Instagram: https://instagram.com/aljazeera/?ref=...
Twitter: https://twitter.com/ajenglish
Website: http://www.aljazeera.com/
google+: https://plus.google.com/+aljazeera/posts

'Immoral' Big Biz: Starbucks, Google, Amazon tax-scams exposed in UK

Three of the world's most-recognised brands - Starbucks, Google and Amazon - are under fire in the UK for depriving Britain of millions of pounds through elaborate tax avoidance schemes - READ FULL STORY http://on.rt.com/slvu8s
The tricks have caused public outrage, and one action group has even come up with an unconventional plan to highlight what's been dubbed the companies 'immoral' tactics.
RT LIVE http://rt.com/on-air
Subscribe to RT! http://www.youtube.com/subscription_center?add_user=RussiaToday
Like us on Facebook http://www.facebook.com/RTnews
Follow us on Twitter http://twitter.com/RT_com
Follow us on Google+ http://plus.google.com/+RT
RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 500 million YouTube views benchmark.

https://democracynow.org - Examining the ParadisePapers, The Guardian reports seven Republican super-donors mentioned in the papers stored some of their fortunes offshore, beyond the reach of public scrutiny and tax authorities. Together, the billionaires pumped more than $350 million into the 2016 election. Some are well-known backers of conservative causes, like casino magnate Sheldon Adelson and Charles and David Koch. Another investigation focuses on Democratic donor James Simons, who spent $11 million to back Hillary Clinton’s 2016 presidential campaign. Simons is the founder of Renaissance Technologies, the world’s most profitable hedge fund. Leaked records show he kept much of his $8 billion fortune in an offshore private wealth fund in Bermuda in order to avoid “particularly severe” taxes that would be triggered if he tried to bring the funds onshore. We speak with Jon Swaine, senior reporter for The Guardian.
Democracy Now! is an independent global news hour that airs weekdays on nearly 1,400 TV and radio stations Monday through Friday. Watch our livestream 8-9AM ET: https://democracynow.org
Please consider supporting independent media by making a donation to Democracy Now! today: https://democracynow.org/donate
FOLLOW DEMOCRACY NOW! ONLINE:
Facebook: http://facebook.com/democracynow
Twitter: https://twitter.com/democracynow
YouTube: http://youtube.com/democracynow
SoundCloud: http://soundcloud.com/democracynow
DailyEmail: https://democracynow.org/subscribe
Google+: https://plus.google.com/+DemocracyNow
Instagram: http://instagram.com/democracynow
Tumblr: http://democracynow.tumblr.com
Pinterest: http://pinterest.com/democracynow
iTunes: https://itunes.apple.com/podcast/democracy-now!-audio/id73802554
TuneIn: https://tunein.com/radio/Democracy-Now-p90
Stitcher Radio: https://www.stitcher.com/podcast/democracy-now

Corporate Tax Avoidance: How it happens, how it is changing, and what to do about it

Join us for our August Fuqua Faculty Conversation with Scott Dyreng, Associate Professor of Accounting as he presents:
Corporate Tax Avoidance: How it happens, how it is changing, and what to do about it
In this session, we will talk about:
- How much tax do U.S. corporations pay
- Common misconceptions about corporate tax avoidance
- How corporate tax avoidance has changed since the mid 1980s
- What can be changed to make our corporate tax system more efficient
Our live online session with Professor Dyreng will take place on Wednesday, August 19, 2015 at 11:00 a.m. ET.
Send your questions to conversations@fuqua.duke.edu or tweet them during the live session using #fuquaalumni

To see the rest of this 4 part video series visit this page: http://www.assetprotectiontraining.com/op/insiders-asset-protection-guide?ls=1384
After 30 years of setting up asset protection plans, this is what I consider the perfect offshore asset protection plan. This combines an Offshore trust with an LLC and an optional offshore bank account.

KPMG allegedly involved in offshore tax "sham"

Tax officials allege the accounting giant crafted an offshore scheme to let rich Canadians avoid tax. We investigate how it works and why it's being kept under wraps.
Click here for the full story: http://www.cbc.ca/1.3234876
»»» Subscribe to The National to watch more videos here: https://www.youtube.com/user/CBCTheNational?sub_confirmation=1
Voice Your Opinion & Connect With Us Online:
The National Updates on Facebook: https://www.facebook.com/thenational
The National Updates on Twitter: https://twitter.com/CBCTheNational
The National Updates on Google+: https://plus.google.com/+CBCTheNational
»»» »»» »»» »»» »»»
The National is CBC Television's flagship news program. Airing seven days a week, the show delivers news, feature documentaries and analysis from some of Canada's leading journalists.

Top 10 Best Tax Havens Countries In The World 🌐

You AreWatching: Top 10 Best Tax Havens Countries In The World in 2018 - 2019
The world of offshore accounts, shell companies and tax havens extends far beyond the fictional legal thrillers you see on the silver screen. Offshore tax havens — countries or territories where taxes are assessed at a low or nonexistent rate — are very much a reality, and U.S.-based multinational corporations play a starring role in the real-life drama.
According to a 2016 report by Citizens for Tax Justice, 367 companies in the Fortune 500 operate subsidiaries in tax-haven nations around the globe.
Just like major corporations, individuals can take advantage of the web of financial loopholes and legislation that foreign countries offer. Click through to discover 12 of these tax havens, which might help you pay less on your tax bill this year or at some point in the future.
Top 10 Best Tax Havens Countries In The World 🗺
********************************************************
Don't Forget To Subscribe Our Channel (Top 10 list)
https://www.youtube.com/channel/UCRA3n9pJoAlWofKxIiKr6qQ
Join Top 10 list on Facebook
https://www.facebook.com/top10listworldwide
Join Top 10 list on Google+
https://plus.google.com/b/110127738955939979865/110127738955939979865?pageId=110127738955939979865
Join Top 10 list on Twitter
https://twitter.com/top10listworld
*********************************************************
Recommended To Watch:
Top 10 HighestPaidIndian TV SerialActors in 2017-18
https://www.youtube.com/watch?v=NdqPLelEuGk
Top 10 Most BeautifulHotBollywoodActresses 2017-18
https://www.youtube.com/watch?v=1LO9QcH5VEs
Top 10 Highest Paid Successful TV Actresses In Bollywood India 2017-18
https://www.youtube.com/watch?v=v4agMb3UbIg
Top 10 Biggest Countries In The World | Largest Countries Ever
https://www.youtube.com/watch?v=BfFsDtkHUJQ
Top 10 Fastest Aircraft in the World 2017 - Fastest Jets In The World
https://www.youtube.com/watch?v=0wJlYROl8cs
Top 10 Most ExpensiveApartments In The World
https://www.youtube.com/watch?v=IRN66kAc-xU
*********************************************************
Hope you enjoy this video - Top 10 Best Tax Havens Countries In The World 🗺
Plz Like and share Don't forget to Subscribe our channel to Learn something new Everyday

Tax Break Rewards Companies For Hiding Money In Offshore Accounts

The new tax law the Republicans had been praising is actually rewarding companies for hiding their money overseas. Ring of Fire's Mike Papantonio and Farron Cousins discusses this issue.
Become a member today!: https://www.youtube.com/channel/UCYWIEbibRcZav6xMLo9qWWw/join
Support us by becoming a monthly patron on Patreon, and help keep progressive media alive!: https://www.patreon.com/TheRingofFire
Spread the word! LIKE and SHARE this video or leave a comment to help direct attention to the stories that matter. And SUBSCRIBE to stay connected with Ring of Fire's video content!
Support Ring of Fire by subscribing to our YouTube channel: https://www.youtube.com/theringoffire
Be sociable! Follow us on:
Facebook: http://www.facebook.com/RingofFireRadio
Twitter: http://www.twitter.com/RingofFireRadio
Google+: http://plus.google.com/118415831573195648557
Instagram: https://www.instagram.com/ringoffirenetwork/
Follow more of our stories at http://www.TROFIRE.com
Subscribe to our podcast: http://www.ROFPodcast.com
*This transcript was generated by a third-party transcription software company, so please excuse any typos.
The new tax law the Republicans had been praising is actually rewarding companies for hiding their money overseas. I mean, I don't have that. That's exactly what it is. We're going to give you a break. We want you to take the money. All that money that you made because of the tax breaks that you were. You said you were going to share with employees. You said you were going to spread the wealth. Well, no, they didn't spread the wealth. What they want to do is hide it overseas now and I can't make this up there. They're following this and here's why. Here's what they're finding. They're finding first of all, that the companies that are that are, we're arguing, give us a tax break and it's going to trickle down. The first thing you're doing is they're buying back their own stock. Okay? That's. That's number one.
Number two is they're giving their ceos more money. They're giving management more money. This is exactly the and number three. Then they hide what they have left offshore, overseas. Then this is how it goes. They come back to the government and they say they negotiate. Look, you know I was $40,000,000,000 as we speak, about $40,000,000,000 we know is overseas. Worth of tax revenue. Yeah, that's all we know of this point. Forty billion. Okay, so 40 billions overseas being hidden in Ireland or the Bahamas, somewhere. Somewhere out in and hide your money land. Okay, so in hide your money land there. They then say they say to the government will bring it back in if you get. If you let us bring it in by paying two percent taxes on it. They basically just, it. It's extortion. First of all, they're breaking the law most of the time if you really followed it, there'd be ways to show they're breaking the law, but when it comes back in, they negotiated with the government, say, you know, give us a break and we'll bring it back.
And just basically holding the US government hostage. Right? And we've seen it too many times in recent years during Bush and Obama though, do these tax holiday where you can bring it back right now. You're not going to pay any money on it. Just bring it back to the United States. So one of the big selling points that they use to sell this tax break was we've got companies hiding so much money offshore, which is true, but if we lower taxes, they're going to bring it all back. And no, because lower taxes is not what corporations want. No tax is what corporations wants. But these idiots who wrote this bill actually wrote this in there. Right now if you hide your money offshore and bring it back or, or excuse me, before the bill, it was 22 percent. You paid on it. They lowered it from 22 percent to 9 percent.
So they have actually given more incentive for these companies like Abbvie, uh, that was just exposed in this Reuters report. What they do is their headquarters is here in the United States. They're the ones, by the way, they make testosterone that's killing men all over the country. So they're based out of Chicago. They do all their work out of Chicago, but they actually claimed their, their headquarter is down in the Bahamas. So that's where all the profits go. All the money goes to the Bahamas, so none of it is technically US income, even though all the businesses here, so now when they bring it back, instead of paying 22 percent, they don't get to pay 9 percent. And because of the way the crazy business laws work, they can show we didn't make a profit in the United States. We made a loss. It actually shows as a loss and they get to take a tax break on top, on top of the only having to pay 9 percent.